Binance Creates $1B Fund to Accelerate Crypto Adoption

The investment will go toward the company’s Binance Smart Chain ecosystem to support investments, its builder program, talent development and liquidity incentives.

article-image

Blockworks exclusive art by Axel Rangel

share
  • Half of the billion dollars will go to investments, while the other $500 million will be divided across the remaining initiatives
  • Binance aims “to disrupt traditional finance and accelerate global mass adoption of digital assets to become the first-ever blockchains ecosystem with 1 billion users,” CEO ‘CZ’ Changpeng Zhao said in a statement

The blockchain and cryptocurrency giant Binance has launched its $1 billion Crypto Mass Adoption Fund to accelerate the number of people adopting digital assets and blockchain technology, the company said Tuesday. 

Last year, Binance put up $100 million to support projects on its Binance Smart Chain (BSC) with its BSC Accelerator Fund. BSC is Binance’s Ethereum-derived platform for decentralized applications, or dApps. Now the company is adding more support with this new investment. 

Since its original $100 million fund was set up to grow the BSC ecosystem, it has funded over 40 projects and over 200 startups have received funding under hackathons and grant programs, Binance said in a blog post. The community has over 1 million daily active users across 900 dApps, it said. 

“BSC’s growth has attracted over 100 million users with its initial funding of $100 million,” Binance CEO ‘CZ’ Changpeng Zhao said in a statement. “With the additional contribution of $1 billion, BSC will be better equipped to disrupt traditional finance and accelerate global mass adoption of digital assets to become the first-ever blockchains ecosystem with 1 billion users,” Zhao added. 

The company did not respond to requests for comment from Blockworks about how the fund plans to use the capital to integrate and onboard users and developers to Web3. 

However, Binance stated that the $1 billion will be divided across four initiatives: investments, its builder program, talent development, and liquidity incentives. Half of the billion dollars will go to investments, while the other $500 million will be divided across the remaining initiatives, with $300 million going to the builder program, $100 million to liquidity incentives and $100 million going to talent development, it said. 

“The program is designed to boost the growth and innovation of projects and bolster the wider community and create a crypto-native pool of talent that will pave the future of crypto,” the company said. 

The ecosystem focuses mainly on the US, Europe, Russia, India, South East Asia and South America, it said. Going forward, it will work closely with other FinTech companies, crypto advisors and blockchain researchers to “spread the vision of financial inclusion and sovereignty,” the company said.

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Unlocked by Template.png

Research

The march toward an interoperable and onchain-by-default internet depends on reliable messaging and value transfer across heterogeneous domains. Crosschain protocols now process >$1.3T in combined annual transfer volume and secure tens of millions of user interactions, yet no single design dominates.

article-image

The goal, per Santiago Santos, is to make crypto a relatable piece of tech for people who may not even understand it

article-image

Stripe stablecoin unit aims to operate under a federal charter enabling regulated stablecoin issuance and custody services

by Blockworks /
article-image

Will TradFi make crypto better or create more problems than it solves?

article-image

Subtle decisions by risk curators saved Aave from significant turmoil

article-image

The new Rootstock Institutional unit aims to connect professional investors to Bitcoin-native yield and liquidity strategies anchored in BTC’s security layer

by Blockworks /
article-image

DOJ files record civil forfeiture against more than 127,000 BTC linked to scam activity

by Blockworks /